INDEPENDENT OPERATORS – 90% OF CAR WASH MARKET

Including full-service car washes, conveyor car washes, self-serve car washes and in-bay automatic car washes, there are approximately 113,000 car washes operating in the United States

The car wash industry employs 350,000 people throughout the country and generates around $5.8 billion in revenue annually

Independent entrepreneurs own approximately 90 percent of car washes in the United States

SINGLE LOCATION, OWNED LAND, LEASED LAND?

We understand that not all car washes are the same. Revenue, expenses, profitability and value can vary dramatically depending on how your business has been developed.

  • We work with independents and national groups; and

  • We assist single and multi-location washes; and

  • We understand that the land you own can represent a meaningful portion of the value of your business.

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SMART DIGITAL MARKETING

Does your digital marketing activity align with your strategic goals?

Do you have an automatic recharge monthly memberships program?

A carwash subscription model is a perfect purchase decision and a requirement for this new world.

Are you selling car wash gift cards online?

Not only do they generate revenue year round, they also create brand awareness. Gift cards are also perceived as a recommendation. Gift cards have become inherently popular. According to the National Retail Federation’s 2019 October Holiday Consumer Survey, “For the 13th year in a row, gift cards remain the most popular items on wish lists, requested by 59% of those surveyed.” Also, based on the Blackhawk Network Branded Pay Holiday Shopping report, 76% of shoppers purchased at least one gift card or e-gift card in 2019.

Are you using social media to bring in new customers?

A Facebook or Instagram page can be helpful. Regular and new content is important. Micro-targeted ads on social media can be a very effective way to find new customers.

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HOW MUCH IS YOUR CAR WASH WORTH?

Key factors in your valuation include:

DO YOU HAVE AN EXIT PLAN?

Whether using an agent or selling your car wash yourself, the outcome you experience will be largely dependent on your process and preparation.

Plan ahead and make sure that your exit is something to celebrate!